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Hackers Hit Romanian Hospital, Demand Bitcoin Ransom
5.1.2023
A hospital in Romania has been targeted in a ransomware attack with the perpetrators seeking payment in cryptocurrency to decrypt its database. The hack prevents the medical institution from reporting to the country’s health insurance fund in order to receive due funding. Botoşani...
Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group
10.12.2022
This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. On Dec. 9, 2022, the exchange...
7 class action lawsuits have been filed against SBF so far, records show
9.12.2022
Sam Bankman-Fried has been the subject of many lawsuits and investigations since the collapse of FTX, with more likely to follow
Brazilian Companies Break Crypto Purchasing Records Again in October
5.12.2022
According to the latest reports from the Brazilian tax authority (RFB), institutions have again broken crypto purchasing records in Brazil. The organization registered that almost 42,000 companies purchased some kind of cryptocurrency during October, a new record that overturns the 40,161 that...
Oryen Network tempts investors with a 200% price surge alongside Kava and Polygon
26.11.2022
Some of you might feel down because you think it’s hard to make big bucks on the cryptocurrency market right now. Many tokens are in trouble because they aren’t stable, but you shouldn’t worry. Oryen has built strong footholds in the market to give investors the best return...
Bahamas Property Worth $121 Million Acquired by FTX, SBF’s Parents, Report Unveils
22.11.2022
Bankrupt crypto exchange FTX and its founder’s parents have purchased properties for almost $121 million in the Bahamas, according to a media report. Some of these were supposed to be used by the company’s senior executives, quoted documents have revealed. Bankman-Fried’s Parents Trying to Return...
Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect
18.11.2022
An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and the liquidity crunch that ensued, likely started the domino effect that led to the company’s implosion. The study...
3 Bitcoin Mining Records Set in October — BTC Hash Price Taps Lifetime Low, While Hashrate and Difficulty Surged
31.10.2022
This month bitcoin’s hash price tapped an all-time low of $66,500 per exahash on Oct. 25, according to statistics from the onchain market intelligence firm Glassnode. Alongside this, the network’s mining difficulty reached a lifetime high at 36.84 trillion on Oct. 23. Despite the high...
Conflicting Opinions on Future of US Economy, Bitcoin Added to Guinness World Records, and More — Week in Review
23.10.2022
Economist and gold bug Peter Schiff has warned that the United States Federal Reserve’s actions to rein in inflation could lead to a “massive financial crisis” or flight away from the dollar on a global scale. Meanwhile, Joe Biden says the economy is “strong as hell,”...
Bitcoin Added to Guinness World Records Book – Find Out More
19.10.2022
The world’s number one cryptocurrency per market capitalization, Bitcoin (BTC), has earned several Guinness World Records titles, including the oldest and the first decentralized cryptocurrency.
Bitcoin has been written into this famous book as the first decentralized cryptocurrency, “developed...
Bitcoin Added to the Guinness Book of World Records as the ‘First Decentralized Cryptocurrency’
18.10.2022
Since 1955 Guinness World Records (GWR) has published a reference book annually that covers world records from extreme natural events to human achievements. This year, Bitcoin has entered the fray as the world’s first and most valuable cryptocurrency network as GWR has added the subject...
Bitcoin, space travel and TikTok debut in Guinness World Records
18.10.2022
The latest edition has included a host of achievements from “Cryptomania” including the record CryptoPunk NFT sale and El Salvador becoming the first country to adopt BTC as legal Tender
Barely halfway and October’s the ‘biggest month’ in crypto hacks: Chainalysis
13.10.2022
While 2021 was the biggest year on record for crypto hacks, 2022 could “likely” beat the record “at this rate” according to Chainalysis
Snoop Dogg Associate Joins Gala Music Board, Death Row Records Steps Closer to Blockchain Commitment
8.10.2022
After the rap star Snoop Dogg acquired Death Row Records in February, the hip-hop legend explained that he would transform Death Row into a non-fungible token (NFT) label backed by blockchain technology. On Thursday, Snoop’s brand partnership manager Nick Adler joined a newly-created Gala...
Disclosures Show Shopify’s CEO Bought $3M Worth of Coinbase Shares During the Past 2 Months
4.10.2022
Public records show that Shopify’s CEO Tobias Lütke has purchased close to $3 million in Coinbase shares during the last 60 days. Lütke became a Coinbase board member last February and because he is a Coinbase associate, he’s required by law to submit his trades to the U.S....
California Moves Forward to Allow Vital Records to be Issued on Blockchain
29.9.2022
Californians will have the option of a blockchain-based delivery of their vital records after a new law was approved establishing the technology as an integral part of state recordkeeping
Coopahtroopa Introduces Coop Records Fund
28.9.2022
Coopahtroopa, the founder of Coop Records, recently announced a 10 million dollar early-stage fund. Coop Records Fund I will be used to help next-gen music projects grow their reach. According to the latest announcement by Coop Records, the project acts as a hybrid between a record label,...
Grayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35%
26.9.2022
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater for a total of 577 consecutive days. GBTC Discount to NAV Widens by 35% — Fund...
US Court Authorizes IRS to Issue Summons for Crypto Investors’ Records
26.9.2022
The Internal Revenue Service (IRS) has obtained a “court order authorizing summons for records relating to U.S. taxpayers who failed to report and pay taxes on cryptocurrency transactions.” The IRS commissioner commented: “The government’s ability to obtain third-party...
US Judge Demands Tether Comes Up with Records to Show it Has Claimed Cash Reserves
22.9.2022
As part of the legal proceedings related to a market manipulation case that dates back to 2019, Katherine Polk Failla, a judge for the U.S. District Court for the Southern District of New York, has ordered Tether’s parent company to provide financial records for its USDT stablecoin....
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